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Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it,…

Continue ReadingLuna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg

Indian Finance Minister Praises Blockchain but There’s a Catch 

Hailing blockchain as “absolutely imperative,” Indian Finance Minister Nirmala Sitharaman asserted that the anonymity factor of this emerging technology is an “inherent risk,” and it calls for taking precautions. She,…

Continue ReadingIndian Finance Minister Praises Blockchain but There’s a Catch